Export strategy of the Czech Republic for 2012–2020

photo: (vlada.cz)

The Ministry of Industry and Trade prepared for the 2012–2020 period a new Export Strategy of the Czech Republic, which determines the strategic framework of pro-export policy and summarises the general vision of pro-export activities of the government and their objectives.

The strategy was adopted by the Government of the Czech Republic on 14 March 2012. The new concept is based on three pillars:

Reporting pro export

Development of export

Support to business opportunities.

The strategy comprises 12 basic projects and specifies their main objectives and attributes. The individual parts are implemented by means of specific measures, whose intention is restructuring and optimising support provided to the export.

The Export Strategy CR follows from the present condition of the Czech economy, i .e. from the present condition of Czech companies, their specialisations, capital strength, as well as technical and technological level of Czech products and services. Along with that, the situation in European markets is considered, in relation to the development in the main export markets of the Czech Republic , and from the current situation in global financial markets.

Among the key principles of the Export Strategy is defining priority markets for Czech exporters with cooperation with the entrepreneurs. The markets are identified on the base of growth potential, absorption capacity and compatibility in relation to the Czech economy. It is emphasised that the EU member countries have been and will be in the future the most important target destinations for Czech export.

The priority of the project in general is put on maintaining present positions and on further development of the positions, mainly in the segment of small and medium-sized companies. As regards the countries beyond the EU member countries, the Export Strategy is oriented towards 12 priority countries, in terms of collaboration and export: Brazil, China, India, Iraq, Kazakhstan, Mexico, Russia, Serbia, Turkey, Ukraine, USA and Vietnam.

The Export Strategy CR follows-up the Strategy for International Competiveness CR (2012–2020), whose main vision and main objective is that the CR should belong to 20 most competitive countries worldwide before the year 2020.